Overview
- Netflix will invest over €1 billion ($1.1 billion) in Spain from 2025 to 2029 to fund local film and television projects.
- The funding is projected to support more than 20,000 jobs across the Spanish audiovisual sector.
- Its Tres Cantos studio complex near Madrid, featuring 10 soundstages, stands as Netflix’s largest production hub in Europe.
- Local Spanish originals have generated over 5 billion hours of viewing on Netflix globally, fueled by hits like Money Heist and Elite.
- The Spain pledge follows Netflix’s $1 billion investment in Mexico earlier this year, reflecting its strategy to back regional content.